Volvo CEO: Ban on gasoline cars makes more sense than EV credits and subsidies

By [email protected] (Stephen Edelstein) A ban on gasoline cars will be more effective than the current practice of electric-car incentives, Volvo CEO Håkan Samuelsson told a Financial Times conference earlier this week. “No one can build a successful and profitable business by relying on incentives,” Samuelsson said. “While temporary incentives can help encourage…

Read Full Article Here

For more great articles: Green Car Reports

(Visited 1 times, 1 visits today)



© 2014 RenewaNews